Discovering Undiscovered Gems With Potential For November 2024

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As global markets navigate the complexities of a changing U.S. administration and fluctuating economic indicators, small-cap stocks have shown varied performances, with indices like the S&P 600 reflecting these shifts. Amidst this backdrop of policy uncertainty and interest rate dynamics, investors are increasingly drawn to uncovering hidden opportunities that may offer growth potential. In such an environment, identifying promising stocks often involves looking for companies with strong fundamentals and resilience in sectors poised to benefit from current market trends.

Top 10 Undiscovered Gems With Strong Fundamentals

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Gallantt Ispat

15.54%

36.20%

40.12%

★★★★★★

Ovostar Union

0.01%

10.19%

49.85%

★★★★★★

Impellam Group

31.12%

-5.43%

-6.86%

★★★★★★

Macpower CNC Machines

NA

22.62%

35.18%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

TechNVision Ventures

100.73%

20.37%

68.50%

★★★★★★

Shree Pushkar Chemicals & Fertilisers

21.25%

18.34%

4.43%

★★★★★☆

Wilson

64.79%

30.09%

68.29%

★★★★☆☆

A2B Australia

15.83%

-7.78%

25.44%

★★★★☆☆

Practic

NA

3.63%

6.85%

★★★★☆☆

Click here to see the full list of 4640 stocks from our Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Hanil Cement

Simply Wall St Value Rating: ★★★★★☆

Overview: Hanil Cement Co., Ltd. is engaged in the production and sale of cement, ready-mixed concrete, and admixtures, with a market capitalization of approximately ₩950.27 billion.

Operations: Hanil Cement generates revenue primarily from the cement sector, contributing ₩928.39 billion, followed by the remital sector at ₩486.21 billion and ready-mixed concrete at ₩284.81 billion.

Hanil Cement, a relatively small player in its industry, is trading at 87.2% below our estimate of its fair value, presenting an intriguing opportunity. The company's net debt to equity ratio stands at a satisfactory 23.7%, indicating prudent financial management. Over the past year, Hanil's earnings surged by 74.7%, outpacing the Basic Materials industry's -2.6% performance, showcasing robust growth potential despite market challenges. With interest payments well covered by EBIT at 15 times coverage and positive free cash flow recently recorded, Hanil seems positioned for stability and potential future growth in the cement sector.

KOSE:A300720 Debt to Equity as at Nov 2024
KOSE:A300720 Debt to Equity as at Nov 2024

Jeena Sikho Lifecare

Simply Wall St Value Rating: ★★★★★★

Overview: Jeena Sikho Lifecare Limited is engaged in trading ayurvedic medicines in India, with a market capitalization of ₹47.69 billion.